One Of The Great Mistakes

Concentrated Power Is Not Rendered Harmless By The Good Intentions Of Those Who Create It.

Richard Nixon Was A Very Intelligent And Able Man. And He Had The Right Ideas. But He Did Not Have The Adherence To Principles That [ronald] Reagan Had. He Did Some Very Good Things. We Owe To Richard Nixon The Volunteer Army - He Got Rid Of The Draft. And That Was A Major Increase In Freedom.

Governments Never Learn. Only People Learn.

What Central Banks Can Control Is A Base And One Way They Can Control The Base Is Via Manipulating A Particular Interest Rate, Such As A Federal Funds Rate, The Overnight Rate At Which Banks Lend To One Another. But They Use That Control To Control What Happens To The Quantity Of Money. There Is No Disagreement.

The Heart Of The Liberal Philosophy Is A Belief In The Dignity Of The Individual, In His Freedom To Make The Most Of His Capacities And Opportunities According To His Own Lights.